Nothing except USD up, Beat is UP , Miss is spike down for 30 min then full UP till close. You can check the last 6 sessions yourself. Well it s also seasonally adjusted and we are close to election so you know, flat or beat will be the result. Sorry no hope for any big reversal, save your trade during the spike ...
Weekly chart have a clear and define support around 1.22 area , another 4,85% down to go before expecting some serious trend change. Till we watch the drill down of the pair despite good results on indicators.
I have to say it has been very hard to trade the last 2 weeks with a USD going up when you look for short. We could see some exhaustion soon. But GU is under pressure and UJ is now up for 7 days, we could expect a turn.
Hard to tell. Look for a break or pull back in this area soon.
Slowly drifting but currencies have been strongly decoupled which makes that ''S&P'' indicator biais for now. Especially UJ who skyrocked based on nothing (BOJ??? a week later their announcemen ?). We went opposite so one has to give up. NU is following S&P + rate cut...short will continue.
Yesterday was USD up due to Asian and Germany close, ultra low volume which pushes the algos to have fun with GU when the UK FM commented about Brexit but without any hints and UJ flying up reloading the Long.
Expecting to have some downtrend soon. Would have been painful for the short USD cross pairs.
Trend is UP ! So the idea is to grab the hit at the resistance, we could see an up tomorrow (month close) at 7730 max for a short next month. I have shorted a small lot will see if any sign of acceleration if we break the small trend line.
I was expecting GU to retrace last week but now the 4H candles are making the move up after testing again the support line. We are few days before the end of the month and GU, the pressure is down but I wouldn't be surprised to see the end of this monthly bear and see a Montlhy candle in green....preparing an ...
Broke the smal channel and expect to hit the support below. I expect the USD to break this support not sure the trigger though as we need a big push but it will happen. USD is bearish until US election in November.
USD down for the currency war, S&P up to support the ''feeling'' of a good economy. Expect the top to be reached and maybe even more with the USD crashing....we could see a new historical high. Isn't it amazing !
Supportive data are the improvements of the last indicators + FOMC short term the TP1 should be quite easy to reach then not clear. I would have prefered GU to touch the daily trendline entirely (not at 20pips) and retrace. SSI is 64% Long which is not in our favor too. Careful trade in the coming days.